Aster Capital Management DIFC Ltd raised its position in shares of GlobalFoundries Inc. (NASDAQ:GFS – Free Report) by 844.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 62,593 shares of the company’s stock after buying an additional 55,967 shares during the period. GlobalFoundries comprises 1.0% of Aster Capital Management DIFC Ltd’s portfolio, making the stock its 15th biggest position. Aster Capital Management DIFC Ltd’s holdings in GlobalFoundries were worth $2,186,000 at the end of the most recent reporting period.
A number of other large investors have also bought and sold shares of GFS. Squarepoint Ops LLC grew its holdings in shares of GlobalFoundries by 55.4% during the fourth quarter. Squarepoint Ops LLC now owns 2,021,035 shares of the company’s stock worth $70,575,000 after purchasing an additional 720,846 shares during the last quarter. USS Investment Management Ltd raised its stake in shares of GlobalFoundries by 8.8% in the fourth quarter. USS Investment Management Ltd now owns 35,026 shares of the company’s stock worth $1,223,000 after acquiring an additional 2,822 shares during the last quarter. Mariner LLC lifted its position in shares of GlobalFoundries by 201.3% during the fourth quarter. Mariner LLC now owns 62,817 shares of the company’s stock worth $2,200,000 after purchasing an additional 41,965 shares in the last quarter. Fieldview Capital Management LLC acquired a new stake in shares of GlobalFoundries in the fourth quarter valued at approximately $282,000. Finally, Healthcare of Ontario Pension Plan Trust Fund raised its position in GlobalFoundries by 6.0% in the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 169,100 shares of the company’s stock worth $5,905,000 after purchasing an additional 9,578 shares during the last quarter.
Insiders Place Their Bets
In other GlobalFoundries news, insider Samak L. Azar sold 500 shares of the firm’s stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $59.66, for a total transaction of $29,830.00. Following the transaction, the insider owned 16,994 shares in the company, valued at $1,013,862.04. This trade represents a 2.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Glenda Dorchak sold 4,000 shares of the company’s stock in a transaction on Monday, April 20th. The shares were sold at an average price of $58.46, for a total value of $233,840.00. Following the sale, the director owned 18,867 shares of the company’s stock, valued at approximately $1,102,964.82. The trade was a 17.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 23,640 shares of company stock worth $1,458,605 in the last quarter.
Analysts Set New Price Targets
Check Out Our Latest Stock Analysis on GFS
GlobalFoundries Price Performance
Shares of GFS opened at $83.98 on Tuesday. The company has a quick ratio of 1.87, a current ratio of 2.59 and a debt-to-equity ratio of 0.13. GlobalFoundries Inc. has a twelve month low of $31.51 and a twelve month high of $92.55. The stock has a market capitalization of $46.73 billion, a P/E ratio of 60.42, a P/E/G ratio of 2.88 and a beta of 1.77. The company has a 50 day moving average of $68.17 and a 200-day moving average of $51.23.
GlobalFoundries (NASDAQ:GFS – Get Free Report) last posted its earnings results on Tuesday, May 5th. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.35 by $0.05. The company had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.63 billion. GlobalFoundries had a return on equity of 6.85% and a net margin of 11.40%.The firm’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.34 earnings per share. GlobalFoundries has set its Q2 2026 guidance at 0.250-0.350 EPS. As a group, equities research analysts forecast that GlobalFoundries Inc. will post 1.38 EPS for the current fiscal year.
GlobalFoundries Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 14th. Shareholders of record on Wednesday, June 24th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, June 24th. This represents a $0.48 dividend on an annualized basis and a yield of 0.6%.
GlobalFoundries Company Profile
GlobalFoundries, Inc (NASDAQ: GFS) is a leading contract semiconductor manufacturer that provides wafer fabrication and related services to semiconductor companies and systems manufacturers. The company operates as a pure-play foundry, producing integrated circuits across a range of process technologies for customers in markets such as automotive, communications, consumer electronics, industrial, and aerospace. Its service offering spans process development, manufacturing, test and packaging support, and design enablement including process design kits (PDKs) and intellectual property (IP) libraries to help customers bring designs to production.
GlobalFoundries focuses on a portfolio of differentiated and specialty process nodes, offering technologies for radio-frequency (RF) and wireless, analog and mixed-signal, power management, embedded non-volatile memory, and silicon-on-insulator (SOI) process families.
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